On May 21, the State Administration of Taxation updated and issued four guidelines on preferential tax policies. Among them, the guidelines on preferential tax policies for small and micro enterprises and individual industrial and commercial households sorted out and formed the tax rebate of value-added tax at the end of the period for small and micro enterprises, the exemption of value-added tax from small loan interest income from financial institutions to small and micro enterprises and individual industrial and commercial households from value-added tax from three aspects: reducing burden, promoting financing and helping entrepreneurship 39 preferential tax policies for small and micro enterprises and individual industrial and commercial households, including entrepreneurship tax deduction for key groups. "In recent years, according to the requirements of high-quality development, the accuracy of China's tax preferential policies has been continuously improved, and we strive to use good steel on the blade." Bai Yanfeng, Dean of the school of Finance and taxation of the Central University of Finance and economics, said in an interview with the reporter of Securities Daily that from the perspective of 39 preferential tax policies, the level of integrity and systematization has been continuously improved. Among them, in terms of burden reduction, efforts should be made to reduce the tax burden of existing microeconomic entities; In terms of promoting financing, we try to give full play to the role of fiscal and tax funds to expand financing channels and development space for enterprises; In terms of helping entrepreneurship, we will further focus on the cultivation of incremental market players to increase the source of water for China's economic development. In recent years, China has attached great importance to the development of small and micro enterprises and individual industrial and commercial households, and has issued a series of tax support policies. In particular, this year, China has issued a new combined tax support policy to further boost the development and growth of small and micro enterprises. "I didn't expect to receive the tax refund in less than a day." Yang Jun, the legal representative of Fengniao Aviation Technology Co., Ltd., said, "as a large start-up UAV technology company, we have invested a lot in the early stage, and the capital pressure makes the company face great challenges. The retention tax rebate policy not only alleviates the capital pressure of the company, but also enhances the confidence of the company in developing UAV logistics." Due to the long research and development cycle in the early stage of aviation UAV technology, large-scale production capacity cannot be formed quickly, so the input tax of value-added tax formed in the early stage is difficult to digest in a short time. In March this year, the Ministry of Finance and the State Administration of Taxation issued the policy of value-added tax final retention and tax rebate. Micro enterprises that meet the policy conditions can apply to the competent tax authorities for a one-time refund of incremental and stock retention and tax rebate in April this year. "We have received a total tax rebate of 3.13 million yuan, which is really a 'timely help', which can not only effectively alleviate the pressure of working capital of enterprises, but also help the company use these funds to continue to invest in UAV logistics related scientific research, and promote the further reduction of logistics and transportation costs in various industries." Yang Jun said. Zhang Yiqun, vice chairman of the performance management committee of the China Institute of finance, told the Securities Daily that small and micro enterprises and individual businesses are reservoirs for social employment, distribution centers for entrepreneurship and incubators for innovation. Keeping small and micro enterprises and individual businesses is equivalent to keeping the most basic and essential vitality of the market economy. "At present, a series of preferential tax policies implemented in China to ensure employment, promote financing and help entrepreneurship are the fiscal and financial policies that actively respond to the priority of employment. Taking employment as the starting point and entrepreneurship and innovation as the driving force can not only stabilize the employment stock and basic people's livelihood, but also help alleviate the current employment pressure." Zhang Yiqun said. Talking about how the tax policy can further help small and micro enterprises, Bai Yanfeng suggested that we should give full play to the role of big data, strengthen the interaction between tax and bank, and solve the pain points and difficulties of small and micro enterprises in financing. "Due to the small production and operation scale of small and micro enterprises, they do not meet the lending standards of some financial institutions to a certain extent. Through better combination with fiscal and tax big data, they can not only solve the lending concerns of the financial sector, but also help the development of small and micro enterprises. With the continuous improvement of China's Cross sectoral big data level, they have great potential in expanding financing channels for small and micro enterprises and promoting the efficient matching and docking of supply and demand upstream and downstream of the industrial chain 。” Bai Yanfeng said. Zhang Yiqun believes that it is necessary to maintain the existing tax incentives unchanged, stable and sustainable, so that small and micro enterprises and individual industrial and commercial households can really benefit, see hope and restore confidence; At the same time, we should innovate the support methods of small and micro enterprises and individual industrial and commercial households. (Xinhua News Agency)